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SK hynix (NASDAQ:SKHY) Shares Up 8.2% – What’s Next?
['Tristan Rich']
Markets Daily
Shares of SK hynix Inc. (NASDAQ:SKHY – Get Free Report) were up 8.2% on Tuesday .
SK Hynix backed by Wedbush as memory undersupply persistsAnalysts characterized SK hynix as a leading “memory company for the AI era,” with demand for high-bandwidth memory expected to remain strong as AI data centers expand.
Separately, SK hynix is negotiating bonus payments with a South Korean union, creating a possible cost or labor-relations overhang.
SK hynix Trading Up 8.2%SK hynix (NASDAQ:SKHY – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th.
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